Korea - DEC alternative conversion factor

DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Korea was 1,180.27 as of 2020. Its highest value over the past 60 years was 1,401.44 in 1998, while its lowest value was 63.12 in 1960.

Definition: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.

Source: International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.

See also:

Year Value
1960 63.12
1961 124.79
1962 130.00
1963 130.00
1964 213.85
1965 266.40
1966 271.34
1967 270.52
1968 276.65
1969 288.16
1970 310.56
1971 347.15
1972 392.89
1973 398.32
1974 404.47
1975 484.00
1976 484.00
1977 484.00
1978 484.00
1979 484.00
1980 607.43
1981 681.03
1982 731.08
1983 775.75
1984 805.98
1985 870.02
1986 881.45
1987 822.57
1988 731.47
1989 671.46
1990 707.76
1991 733.35
1992 780.65
1993 802.67
1994 803.45
1995 771.27
1996 804.45
1997 951.29
1998 1,401.44
1999 1,188.82
2000 1,130.96
2001 1,290.99
2002 1,251.09
2003 1,191.61
2004 1,145.32
2005 1,024.12
2006 954.79
2007 929.26
2008 1,102.05
2009 1,276.93
2010 1,156.06
2011 1,108.29
2012 1,126.47
2013 1,094.85
2014 1,052.96
2015 1,131.16
2016 1,160.43
2017 1,130.43
2018 1,100.50
2019 1,165.36
2020 1,180.27

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices